a-2, b-1, c-4, d-3
a-4, b-2, c-3, d-1
a-2, b-3, c-1, d-4
a-3, b-2, c-4, d-1
Answer is Right!
Answer is Wrong!
The correct answer is: C. a-2, b-3, c-1, d-4
- NAMA stands for “Negotiations on Agriculture”. It is one of the major areas of negotiation in the Doha Round of the World Trade Organization (WTO). The goal of NAMA is to liberalize trade in agricultural products by reducing tariffs and other trade barriers.
- GATS stands for “General Agreement on Trade in Services”. It is one of the major agreements of the WTO. The GATS aims to liberalize trade in services by reducing barriers to trade in services and by establishing rules for the conduct of trade in services.
- TRIMs stands for “Trade-Related Investment Measures”. It is an agreement of the WTO that aims to ensure that investment measures do not distort trade. TRIMs prohibits certain investment measures, such as local content requirements and export performance requirements.
- TRIPs stands for “Trade-Related Aspects of Intellectual Property Rights”. It is an agreement of the WTO that sets out rules for the protection of intellectual property rights, such as patents, copyrights, and trademarks. TRIPs aims to ensure that intellectual property rights are protected in a way that does not unduly restrict trade.
In the given question, the correct match is:
- a-2: NAMA includes industrial goods, textile, jewellery, fish and fisheries product manufacturing industries.
- b-3: GATS aims to liberalize trade in services by reducing barriers to trade in services and by establishing rules for the conduct of trade in services.
- c-1: TRIMs prohibits certain investment measures, such as local content requirements and export performance requirements.
- d-4: TRIPs aims to ensure that intellectual property rights are protected in a way that does not unduly restrict trade.